STO(SZ:002468) 2 1 Shi Ji Jing Ji Bao Dao·2026-01-22 03:01Company Overview - Shentong Express's stock price fell by 2.25% to 13.47 yuan per share, with a total market value of 20.7 billion yuan, possibly due to a lawsuit involving the company's founder Chen Xiaoying [2] - The lawsuit was filed by Chen Xiaoying's ex-husband, Xi Chunyang, claiming ownership of 40.5685 million shares of Shentong Express, valued at approximately 280 million yuan, which represents 2.65% of the company's total share capital [2] - The company stated that the shares in question account for 1.33% of the total share capital and that the lawsuit will not significantly impact its normal operations or governance [2] Management Background - Chen Xiaoying, known as the "Queen of Express," co-founded Shentong Express in 1993 and has played a crucial role in its growth, especially after the death of her first husband [3] - Xi Chunyang, who was previously a driver for Chen Xiaoying's first husband, became involved in the company and later married Chen Xiaoying in 2012 [3] - Chen Xiaoying currently holds 2.65% of the company's shares and remains one of the actual controllers, while her brother, Chen Dejun, serves as the chairman [3] Financial Performance - For the first three quarters of 2025, Shentong Express reported a cumulative revenue of 38.57 billion yuan, a year-on-year increase of 15.17%, and a net profit attributable to shareholders of 756 million yuan, up 15.81% [3] Industry Context - The Chinese express delivery market is expected to continue its steady growth, with a total express business volume reaching 199 billion pieces in 2025, a year-on-year increase of 13.7%, and total business revenue of 1.5 trillion yuan, up 6.5% [4] - In this industry context, Shentong Express achieved a service revenue of 54.861 billion yuan and completed 26.138 billion deliveries in 2025 [4] - Compared to its peers in the "Tongda" system, Shentong's business scale is slightly lower than YTO Express but surpasses Yunda Express [5]